Former Finance Minister Winston Jordan has denied any wrongdoing in the transfer of large tracts of prime State lands without receiving complete payment.
Bombshell revelations have been made that the
National Industrial and Commercial Investments Limited’s (NICIL), under the APNU/AFC had been transferring State lands without receiving full payments.
The Government has already announced that it will be pursuing legal action against a number of former officials, including Jordan.
In a statement on Monday, Jordan said Additionally, he claimed that certain allegations made against him regarding his role in the sale of prime State lands are defamatory.
According to Jordan, he has always strived to carry out his duties to the best of his ability. In his statement, the former Minister noted that he has received advice from legal counsel, preventing him from delving into the issue further. However, he added cryptically that the matter would be addressed “at the appropriate time.”
Between Jordan and former Head of NICIL, Colvin Heath-London, the pair vested almost 100 acres of prime State land in Ogle, East Coast Demerara (ECD), to eight different companies. All told the total value of the lands is $2.9 billion. But NICIL only received approximately $64 million in payments.
In a statement on Sunday, Attorney General Anil Nandlall had announced that Government would be taking legal action against those involved in the controversial land transactions.
